Do oil prices affect the USD/YTL exchange rate: Evidence from Turkey
Küçük Resim Yok
Tarih
2008
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This study aims at investigating the link between international oil prices and the exchange rate in the case of a small open industrial economy without oil resources - Turkey. Johansen cointegration and Granger causality tests are used to analyze the relationship between oil prices and the exchange rate in the period 1982:12-2006:5. We find that international real crude oil prices Granger cause the USD/YTL real exchange rate.
Açıklama
Anahtar Kelimeler
Cointegration, Exchange rate, Granger causality, Oil price, Turkey
Kaynak
Privredna Kretanja i Ekonomska Politika
WoS Q Değeri
Scopus Q Değeri
N/A
Cilt
18
Sayı
115
